Lazurite | Top Surgical Devices Company 2023

MedTech Outlook Magazine

Lazurite
Setting Up Wireless Arthroscopy

There have been countless stories of inventions and discoveries across the globe that are driven by a demand for new products and solutions to improve and simplify the lives of the people. From the invention of the first medical thermometer to cardiac pacemakers, CT Scanners and MRI, and many more; the healthcare landscape is dotted with many inventions that stemmed from stark necessity. Adding to this collection of unique stories is the tale of a game-changing surgical camera system, ArthroFree, which aims to meet the needs of the surgeons and staff within the operating rooms. After witnessing a serious accident in an operating room where one of the staff tripped over the surgical camera wires and seriously injured herself, Eugene Malinskiy—a visionary and enthusiast of technology—was driven to invent a wireless surgical camera system. This idea laid the foundations for the US-based company Lazurite, a surgeon-focused, patient-dedicated healthcare and innovations startup, to unveil its wireless arthroscopic camera system.

For the last three decades, surgeons and physicians have been relying on cameras connected to a monitor with wires. Eugene Malinskiy, Co-founder and CEO of Lazurite, notes “The arthroscopy space still relies on wired camera systems for surgeries, and we’ve developed and gained market approval for a wireless surgical camera system that eliminates the need for cables, allowing surgeons to perform their best in the operating rooms.”Though the image resolutions and tool technologies have improved, it has been nearly impossible to discover a modified procedure of camera insertion into the patient’s body to eliminate the need for light and video cables. However, Lazurite’s first product – the ArthroFree Wireless Surgical Camera System -- tackles this challenge head-on and has the potential to transform traditional operating rooms into simplified, wireless ecosystems.

The company has developed its first product, called the ArthroFree system, a wireless surgical camera system that helps add value to healthcare by increasing the efficiency and safety in an operating room. The system combines Lazurite’s proprietary light source, Meridiem Light Engine, and camera technologies to eliminate the need for video and light cables. Hence, surgeons can now overcome the hassles of working in messy wired setups.
ArthroFree assists in reducing the number of trips and falls and eliminates the possibility of fire outbreaks in the operating rooms caused by poor cable management. The system is light, easy to handle, and easy to sterilize, thereby lowering the chances of infections for the patients. Additionally, ArthroFree makes the setup and breakdown procedures simpler with low maintenance costs, which helps in reducing the overall cost of performing a surgery.

Lazurite has been working with surgeons through every step of their operations to continually evolve and improve the design of the ArthroFree system. As such, they aim to continue to introduce additional device prototypes that are more efficient and beneficial to healthcare providers. The company functions in a cycle, starting with identifying the requirements of surgeons, followed by development and modification of the device to fit their needs better, and consequently re-approaching the surgeons for their valuable feedback. As a startup, Lazurite has greater freedom to invest in its product, making it possible to spend the research and development funds flexibly to create future devices. This factor helps them rely more on internal innovation rather than mergers and acquisitions, as is often the case for the bigger industry players and provides Lazurite an edge over its contemporaries in the industry.


The arthroscopy space still relies on wired camera systems for surgeries, and we’ve developed and gained market approval for a wireless surgical camera system that eliminates the need for cables, allowing surgeons to perform their best in the operating rooms

The company, thus far, has executed multiple human factor studies and is currently working in numerous locations to aggregate data on clinicians’ and OR staff’s interactions with ArthroFree. The surveys render insightful data on the healthcare service providers’ experiences that have indicated high success rates and encouraged them to conduct multiple comparative studies. These studies include analyses on time consumption and surgical images acquired during a laparoscopic procedure in the case of ArthroFree, compared to the traditional camera systems in the current standard of care. Besides, Lazurite is looking forward to a capstone study to evaluate the comparative efficiency of their device with patients in live surgical scenarios with different clients and environments: including general ASC operating rooms, specific ASCs for sports medicine, and more. Further, the company is keen on expanding its engineering team and other internal staff and boosting the overall sales. With internal expansion and expected FDA approval, Lazurite is set to introduce additional products related to its rich pipeline to deliver better care and greater outcomes for patients and clinicians.

Top 10 Surgical Devices Companies - 2023

Company
Lazurite

Management
Eugene Malinskiy Co-Founder and CEO

Description
Lazurite is a patient-dedicated, surgeon-focused healthcare and innovations startup focused on lighting and surgical technologies. The company is known for its transformative surgical wireless platform, laser-based lighting and other advanced technologies. Their first product is ArthroFree, designed to seamlessly integrate into existing operating room workflows and is for all the surgeons who are frustrated by unwieldy cables and outdated technology

Lazurite News

Lazurite® Names Julia Greenspan Director of Sales Operations

CLEVELAND - Medical device and technology company Lazurite® has named Julia Greenspan Director of Sales Operations. In this position, she is responsible for leading sales operations, including the sales process and funnel management, sales support and training, and customer training on use and maintenance of the ArthroFree® Surgical Camera System, the first FDA-cleared wireless surgical camera for arthroscopy and general endoscopy.
Over the past 25 years, Greenspan has dedicated her career to the operating room and medical device industry, progressively advancing through various roles. Her journey began as a surgical technologist and evolved into positions of greater responsibility, including senior orthopedic trauma sales representative and regional director of medical education. She has contributed her expertise to renowned orthopedic device companies such as Stryker Orthopedics, DepuySynthes Trauma, and 3M Healthcare.
Beyond her professional commitments, Greenspan remains actively engaged in volunteer work with Operation Rainbow. She dedicates her time to two medical missions annually, offering orthopedic surgical care to patients in underserved communities across South America.
Greenspan's educational background includes an MBA with a STEM focus and a Bachelor of Arts in Psychology from the University of California, Davis. Additionally, she holds an executive coaching certificate from the University of California, Berkeley, and is certified as a Lean Six Sigma Blackbelt.
“We are delighted to have Julia on the Lazurite team,” Lazurite President Leah Brownlee said. “Her extensive experience in medical products sales and education, particularly in orthopedics, will bolster customer support and satisfaction as facilities across the country adopt the ArthroFree® Wireless Camera System.
“The ArthroFree System has been used in hundreds of cases at facilities around the country, including NYU Langone; University Hospitals in Cleveland; De La Vina Surgicenter in Santa Barbara; Baylor Scott & White Medical Center in Frisco, Texas; and the New York Sports Medicine Institute,” she said.

Lazurite Names Dr. Christopher Proctor to its Medical Advisory Board

CLEVELAND, OH - The medical device and technology company, Lazurite®, made an announcement today regarding the addition of Dr. Christopher (Chris) S. Proctor to its medical advisory board. Dr. Proctor is associated with De La Vina Surgicenter located in Santa Barbara, California.
Dr. Proctor specializes in the fields of sports medicine, shoulder and knee surgery, as well as arthroscopic surgery. He serves as the team physician for both the University of California, Santa Barbara's baseball team and the Santa Barbara Foresters baseball team, which is part of the California Collegiate League. In addition, he is a staff physician at the University of California, Santa Barbara, where he provides sports medicine care for numerous high school, college, and professional athletes.
“We are honored to have Dr. Proctor join our medical advisory board,” Lazurite CEO and cofounder Eugene Malinskiy said. “He was an early adopter of our ArthroFree® Wireless Surgical Camera System and has provided significant insight into the customer experience of adopting a wireless surgical camera. In addition to his accomplishments as a physician, he has also developed and patented devices, so he understands and appreciates innovation in medicine.”
“I’m excited about joining Lazurite’s medical advisory board,” Proctor said. “We have performed dozens of procedures since we installed our ArthroFree system. I look forward to continuing to provide input to the company as it accelerates the evolution of the OR to wireless surgical cameras.”
Dr. Christopher (Chris) S. Proctor is a distinguished alumnus of UCLA, graduating magna cum laude, and he pursued his medical education at Columbia University in New York. Subsequently, he was honored as the Frank E. Stinchfield Fellow in Orthopaedic Surgery at Columbia, where he conducted research in the field of biomechanics. His orthopedic residency was completed at Columbia-Presbyterian Medical Center. Following this, he undertook an advanced fellowship with the renowned Southern California Center for Sports Medicine.
Dr. Proctor has a substantial body of research to his name, primarily focusing on the structure, function, and repair of joints. He has authored numerous articles and book chapters and has been a presenter at scientific conferences in both the United States and Europe. In addition to his research work, he has developed patented devices aimed at preventing and rehabilitating athletic injuries, while also investigating innovative techniques for shoulder and knee repairs. He serves as an editorial reviewer for leading orthopedic journals and is a board-certified member of prestigious organizations such as the American Academy of Orthopedic Surgeons, the Arthroscopy Association of North America, and the American Shoulder and Elbow Surgeons.
Lazurite's groundbreaking wireless ArthroFree System is meticulously designed to assist surgeons in maintaining their focus during critical moments of surgery. With the absence of distracting cords, the system enables surgeons to dedicate their full attention to the patient's procedure. ArthroFree has been successfully utilized in renowned medical centers across the country, delivering exceptional results. For additional information, please get in touch with an ArthroFree product expert at 833.214.2324 or contact@lazurite.co.